TY 2025 Form 990PF

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	3,896,158	2,518,749	2,518,749
	2	Savings and temporary cash investments.........	0	0	0
	3	Accounts receivable 0
		Less: allowance for doubtful accounts 0	0	0	0
	4	Pledges receivable 0
		Less: allowance for doubtful accounts 0	0	0	0
	5	Grants receivable.................	0	0	0
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............	0	0	0
	9	Prepaid expenses and deferred charges..........	0	0	0
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	11,242,337	List of Attached Documents: // Content 14,767,753	30,662,142
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............	0	0	0
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	15,138,495	17,286,502	33,180,891
	17	Accounts payable and accrued expenses..........	0	0
	18	Grants payable.................	0	0
	19	Deferred revenue.................	0	0
	20	Loans from officers, directors, trustees, and other disqualified persons	0	0
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	15,138,495	17,286,502
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	0	0
	29	Total net assets or fund balances (see instructions).....	15,138,495	17,286,502
	30	Total liabilities and net assets/fund balances (see instructions).	15,138,495	17,286,502

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)	(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	5,000 sh. Nvidia Corp.	P	2020-12-01	2025-09-23
b	5,000 sh. Nvidia Corp.	P	2020-12-01	2025-08-28
c	4,000 sh. Alphabet	P	2020-12-01	2025-08-28
d	2,000 sh. VISA Inc.	P	2020-12-01	2025-06-27
e	Publicly Traded Security - Mutual Fund Share
	975 sh. Berkshire Hathaway Class B	P	2020-12-01	2025-05-13
	25 sh. Berkshire Hathaway Class B	P	2020-12-01	2025-05-13
	3,000 sh. Microsoft Corp.	P	2020-12-01	2025-02-07

(e) Gross sales price	(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	917,499	0	24,167	893,332
b	910,311	0	24,167	886,144
c	831,599	0	205,518	626,081
d	689,680	0	350,754	338,926
e	564,144		513,700	50,444
	498,421	0	343,444	154,977
	12,775	0	8,806	3,969
	1,244,965	0	234,277	1,010,688

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7		2	3,964,561
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 .........................	3	0

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	59,130
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	59,130
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	59,130
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	59,130
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............	7	59,130
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.	8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......	9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10	0
11	Enter the amount of line 10 to be: Credited to 2026 estimated tax0	Refunded	11	0
	For Refunded amount, also complete and attach Form 8050. See instructions.

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
Patrick A Rayburn	Secretary 0.00	0	0	0
951 Blue Ridge Road Evansville,IN47714
Steven G Kuester	Vice President 4.00	0	0	0
1536 Fleener Road Evansville,IN47725
Wilfred C Bussing III	President 3.00	0	0	0
2905 Bayard Park Drive Evansville,IN47714

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Alpha and Omega Burning Bush Minist 28 E Delaware Street Evansville,IN47711			general operating expense	1,900
American Cancer Society PO Box 6704 Hagerstown,MD21741			general operating expense	5,000
American Legion Post 354 1127 Chestnut Street Evansville,IN47713			general operating expense	8,000
American Red Cross Indiana Region 29 S Stockwell Road Evansville,IN47714			capital campaign	5,000
Aurora Inc 1001 Mary Street Evansville,IN47710			general operating expense	6,000
Ballet Indiana Inc 303 N Stockwell Road Suite B Evansville,IN47715			general operating expense	15,000
Beautiful Lives Project Inc 19 Downey Drive Huntington,NY11743			general operating expense	5,000
Boeke Road Baptist Church 1215 N Boeke Road Evansville,IN47711			general operating expense	500
Boys and Girls Club of Evansville 700 Bellemeade Avenue Evansville,IN47713			general operating expense	52,000
Buffalo Trace Council BSA Inc 3501 E Lloyd Expressway Evansville,IN47715			general operating expense	26,000
Cancer Pathways Midwest 5740 Vogel Road Evansville,IN47715			general operating expense	25,000
Carbon Neutral Indiana PO Box 20779 Indianapolis,IN46220			general operating expense	5,000
Carver Community Organization Inc 400 S E 8th Street Evansville,IN47713			general operating expense	18,000
Catholic Diocese of Evansville 4200 N Kentucky Avenue Evansville,IN47711			capital campaign	30,000
Highland Baseball Club Inc PO Box 4586 Evansville,IN47724			general operating expense	5,000
Childrens Center for Dance Educatio 5900 Vogel Road Evansville,IN47715			general operating expense	50,000
Community Action Program of Evansvi 401 S E 6th Street Suite 1 Evansville,IN47713			general operating expense	15,000
Committee to Promote Respect in Sch 7325 Shea Drive Evansvile,IN47725			general operating expense	25,000
Community Foundation Alliance 20 N W 3rd Street Suite 820 Evansville,IN47713			general operating expense	50,000
Community One Inc 402 S Green River Road Evansville,IN47715			general operating expense	30,000
Cystic Fibrosis Foundation 4550 Montgomery Avenue Suite 1100 N Bethesda,MD20814			general operating expense	4,000
Deaconess Foundation 600 Mary Street Evansville,IN47747			general operating expense	1,450
Dream Center Evansville Inc 16 W Morgan Avenue Evansville,IN47711			general operating expense	60,000
Easter Seals Rehabilitation Center 3701 Bellemeade Avenue Evansville,IN47714			capital campaign	20,000
Elberfeld Community League 9699 Fisherville Road Elberfeld,IN47613			capital improvements	35,000
Evansville Christian School 10644 Lincoln Avenue Newburgh,IN47630			general operating expense	6,000
Evansville Dog Owners Group Inc PO Box 4092 Evansville,IN47724			general operating expense	5,000
Evansville Police Department Founda PO Box 3114 Evansville,IN47730			general operating expense	15,000
Environmental Law and Policy Center 35 E Suite 16 Chicago,IL60601			general operating expense	30,000
Evansville Museum of Arts History 411 S E Riverside Drive Evansville,IN47713			general operating expense	20,000
Evansville Philharmonic Orchestral 20 N W Third Street Evansville,IN47708			general operating expense	5,000
Evansville Rescue Mission 500 E Walnut Street Evansville,IN47713			capital campaign	10,000
Evansville Area Tennis Patrons 5428 Davis Lant Drive Evansville,IN47715			general operating expense	82,000
Evansville Area Trails Coalition PO Box 932 Evansville,IN47706			general operating expense	22,500
Evansville Goodwill Industries Inc 5001 Washington Avenue Evansville,IN47715			general operating expense	15,000
EVSC Foundation Inc 951 Walnut Street Evansville,IN47713			general operating expense	115,000
Forefront Community Therapy Inc 101 N W First Street Evansville,IN47708			general operating expense	5,000
Friedreichs Ataxia Research Foundat 530 W Uwchlan Avenue Downington,PA19335			general operating expense	8,000
Auxiliary FOP Lodge 73 801 Court Street Evansville,IN47708			general operating expense	25,000
Friends of Woodmere Dog Park Inc PO Box 303 Evansville,IN47702			capital campaign	10,000
GEM Ministries 120 First Street Boonville,IN47601			general operating expense	12,000
Glenwood Neighborhood Association 320 S E Martin Luther King Blvd Suite B Evansville,IN47708			general operating expense	6,000
Golfmoor Baseball Association 2700 Golfmoor Road Evansville,IN47712			capital improvements	37,500
Granted Inc 4445 Commerce Street Evansville,IN47710			general operating expense	23,000
Grapevine Elementary School 1150 Hayes Avenue Madisonville,KY42431			general operating expense	2,200
Habitat for Humanity of Evansville 560 E Diamond Avenue Evansville,IN47711			general operating expense	32,000
Hanson Elementary School 121 Eastlawn Road Hanson,KY42413			general operating expense	1,500
Harcum College 750 Montgomery Avenue Bryn Mawr,PA19010			general operating expense	10,000
Hollys House Inc 750 North Park Drive Evansville,IN47710			general operating expense	5,000
Immigrant Welcome and Resource Cent 500 S Green River Road Evansville,IN47715			general operating expense	26,500
Indiana Black Expo Inc 601 N Shortridge Road Indianapolis,IN46219			general operating expense	1,500
Indiana Military Museum 715 S Sixth Street Vincennes,IN47591			general operating expense	5,000
Indiana Sports Hall of Fame Foundat 911 West Drive Oakland City,IN47660			general operating expense	1,500
Indiana State Games Incorporated PO Box 6334 Evansville,IN47720			general operating expense	30,000
Indiana State Museum Foundation 650 W Washington Street Indianapolis,IN46204			general operating expense	3,500
Indiana State University 200 N Seventh Street Terre Haute,IN47809			general operating expense	8,000
Isaiah 117 House PO Box 842 Elizabethton,TN37644			general operating expense	15,000
It Taks a Village Animal Canine Res 1417 N Stockwell Road Evansville,IN47715			general operating expense	15,000
Ivy Tech Foundation 50 W Fall Creek Parkway North Drive Indianapolis,IN46208			capital campaign	50,000
Jacob Ball Wish Fund Inc PO Box 2057 Evansville,IN47728			general operating expense	1,000
Jacobs Village Inc 7200 Jacobs Village Drive Evansville,IN47720			general operating expense	20,000
Jacobsville Area Community Corporat 111 E Columbia Street Evansville,IN47711			general operating expense	1,250
JD Sheth Foundation Inc PO Box 195 Evansville,IN47702			general operating expense	25,000
Joshua Training Center Inc 5611 Sherwood Court Newburgh,IN47630			general operating expense	33,000
Junior Achievement of Southwestern 431 E Diamond Avenue Evansville,IN47711			general operating expense	10,000
Kiwanis Club of Evansville Foundati 9132 Hartwell Drive Evansville,IN47725			general operating expense	14,000
Keep Evansville Beautiful Inc 402 Court Street Evansville,IN47708			general operating expense	10,000
Knights of Columbus 1328 Lincoln Avenue Evansville,IN47714			general operating expense	20,500
Leadership Everyone Inc PO Box 449 Evansville,IN47728			general operating expense	18,000
Lincoln School 635 Lincoln Avenue Evansville,IN47713			general operating expense	7,050
Mater Dei High School 1300 Harmony Way Evansville,IN47720			general operating expense	6,000
Mattingly Baseball Charities Inc PO Box 4756 Evansville,IN47716			general operating expense	5,000
Memorial Community Development Corp 645 Connie Robinson Way Evansville,IN47713			general operating expense	4,000
Mudpuppy Palace Inc PO Box 294 Mount Vernon,IN47620			general operating expense	12,500
Newburgh Senior Citizens Inc 510 W Jennings Street Newburgh,IN47630			general operating expense	3,000
911 Gives Hope Inc PO Box 3644 Evansville,IN47735			general operating expense	5,000
Oakland City University 138 N Lucretia Street Oakland City,IN47660			general operating expense	12,000
Off-Road Motor Sports Youth Foundat 1511 W Oakland City,IN47660			general operating expense	8,500
Old Evansville Historic Association PO Box 1012 Evansville,IN47706			general operating expense	15,000
Evansville P47 Foundation Inc 7503 Petersburg Road Evansville,IN47725			general operating expense	9,000
PAK7 US 918 S Pleasantburg Drive 218 Greenville,SC29607			general operating expense	5,000
Parenting Time Center Inc 101 N W 10th Street Evansville,IN47708			general operating expense	5,000
Indiana University Health Inc 340 W Tenth Street Indianapolis,IN46202			general operating expense	500
Patrons Advocating Wrestling Suppor 817 W Eighth Street Mount Vernon,IN47620			general operating expense	14,000
River City Pride Inc PO Box 3313 Evansville,IN47732			general operating expense	15,000
Rolling Thunder Indiana Chapter 6 110 N Wabash Avenue Evansville,IN47712			general operating expense	5,000
The Salvation Army 1040 N Fulton Avenue Evansville,IN47710			general operating expense	10,000
Santa Clothes Club Inc 4000 Division Street Evansville,IN47715			general operating expense	20,000
Sisters of St Benedict of Ferdinand 802 E 10th Street Ferdinand,IN47532			capital campaign	40,000
Sisters of the Blessed Sacrament 1663 Bristol Pike Bensalem,PA19020			general operating expense	1,000
Southwestern Indiana Regional Counc 16 W Virginia Street Evansville,IN47710			capital campaign	25,000
The Spencer County Fair Inc 326 N County Road 350 W Rockport,IN47635			general operating expense	3,000
The Gathering Church 121 Walnut Street Evansville,IN47708			general operating expense	10,000
The Way with Words 334 W Gay Street West Chester,PA19380			general operating expense	3,000
Tri-State Creation Care 704 N First Avenue Evansville,IN47710			general operating expense	5,000
Tri-State Food Bank Inc 2504 Lynch Road Evansville,IN47711			capital campaign	50,000
Tri-State Hot Stove Baseball League 5131 Palmetto Circle Evansville,IN47725			general operating expense	14,000
Uncharted International 400 S Green River Road Evansville,IN47715			general operating expense	5,000
United Methodist Youth Home Inc 2521 N Burkhardt Road Evansville,IN47715			general operating expense	5,000
United Way of Southwestern Indiana 318 Main Street Evansville,IN47708			general operating expense	50,000
University of Southern Indiana Foun 8600 University Boulevard Evansville,IN47712			general operating expense	107,000
Vanderburgh County CASA Inc 600 S E Sixth Street Evansville,IN47713			general operating expense	15,000
Vanderburgh County Humane Society PO Box 6711 Evansville,IN47719			general operating expense	55,000
Warrick County School Corporation 3455 S Yankeetown Road Boonville,IN47601			general operating expense	500
Welborn Baptist Foundation 20 N W Third Street Suite 1500 Evansville,IN47708			general operating expense	15,000
WNIN Tri-State Public Media Inc 2 Main Street Evansville,IN47708			general operating expense	28,000
Young Mens Christian Association 516 Court Street Evansville,IN47708			general operating expense	43,200
Young Life PO Box 951 Mount Vernon,IN47620			general operating expense	5,000
Youth Inc of Southern Indiana 7666 Sandalwood Drive Newbugh,IN47630			general operating expense	6,000
Youth First Inc 111 S E Third Street Evansville,IN47708			general operating expense	50,000
Zeta Tau Alpha Foundation Inc 1036 S Rangeline Road Carmel,IN46032			general operating expense	1,000
Evansville African American Museum 579 S Garvin Street Evansville,IN47713			general operating expense	22,000
Veterans of Foreign Wars Post 1114 110 N Wabash Avenue Evansville,IN47712			general operating expense	27,000
Mission First Inc 318 Main Street Evansville,IN47708			capital campaign	20,000
Olivers Heroes 13321 Prestwick Court Evansville,IN47725			general operating expense	20,000
Hadi Funsters 6 Walnut Street Evansville,IN47708			general operating expense	4,500
Catholic Foundation of Southwestern 4200 N Kentucky Avenue Evansville,IN47711			general operating expense	1,000
EWM Inc 7503 Petersburg Road Evansville,IN47725			general operating epxense	1,000
Reitz Memorial High School 1500 Lincoln Avenue Evansville,IN47714			general operating expense	1,500
Total ................................. 3a				2,104,550

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	3,000
2	Check .................
3	Interest on savings and temporary cash investments	82		82
4	Dividends and interest from securities...	279,137		279,137
5a	Gross rents............	10,176		10,176
b	Net rental income or (loss) 10,176
6a	Net gain or (loss) from sale of assets not on line 10	List of Attached Documents: // Content	3,964,569
b	Gross sales price for all assets on line 6a 5,669,402
7	Capital gain net income (from Part IV, line 2)...			3,964,561
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	4,256,964		4,253,956
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	4,407	0		0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	4,407		0		0
25	Contributions, gifts, grants paid.......	2,104,550				2,104,550
26	Total expenses and disbursements. Add lines 24 and 25 ................	2,108,957		0		2,104,550
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	2,148,007
b	Net investment income (if negative, enter -0-)			4,253,956
c	Adjusted net income (if negative, enter -0-)...				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

		(a) Corpus	(b) Years prior to 2024	(c) 2024	(d) 2025
1 Distributable amount for 2025 from Part X, line 7					1,424,240
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......				0
b Total for prior years:2023, 2022, 2021			0
3 Excess distributions carryover, if any, to 2025:
a From 2020......	259,572
b From 2021......	84,494
c From 2022......	302,929
d From 2023......	1,332,039
e From 2024......	597,621
f Total of lines 3a through e ........		2,576,655
4Qualifying distributions for 2025 from Part
XI, line 4: $ 2,104,550
a Applied to 2024, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions) .....			0
c Treated as distributions out of corpus (Election required—see instructions) ........
d Applied to 2025 distributable amount.....					1,424,240
e Remaining amount distributed out of corpus		680,310
5 Excess distributions carryover applied to 2025.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		3,256,965
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2024. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2025. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2026 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2020 not applied on line 5 or line 7 (see instructions) ...		259,572
9 Excess distributions carryover to 2026. Subtract lines 7 and 8 from line 6a ......		2,997,393
10 Analysis of line 9:
a Excess from 2021 ....	84,494
b Excess from 2022 ....	302,929
c Excess from 2023 ....	1,332,039
d Excess from 2024 ....	597,621
e Excess from 2025 ....	680,310

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2025	(b) 2024	(c) 2023	(d) 2022	(e) Total

b 85% (0.85) of line 2a .......
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, 3b, or 3c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........		0	14	82	0
4 Dividends and interest from securities ....		0	14	279,137	0
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....		0	14	10,176	0
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............		0	14	3,964,569	0
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		4,253,964	0

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			893,332
b			886,144
c			626,081
d			338,926
e			50,444
			154,977
			3,969
			1,010,688


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................

bApproved for future payment

Total ................................. 3b				0

Paid Preparer Use Only	Preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Name	Date Acquired	How Acquired	Date Sold	Purchaser Name	Gross Sales Price	Basis	Basis Method	Sales Expenses	Total (net)	Accumulated Depreciation
Schwab US Treasury Money Ultra LTCG	2025-12		1753-01		2	0		0	2	0
Schwab US Treasury Money Ultra STCG	2025-12		1753-01		6	0		0	6	0

Name of Stock	End of Year Book Value	End of Year Fair Market Value
2,000 sh. Visa Inc.	0	0
2,118 sh. Vanguard S&P 500 ETF	563,531	1,328,261
1,500 sh. Vanguard Mid-Cap ETF	233,953	435,330
1,600 sh. Vanguard Growth ETF	258,683	780,576
3,000 sh. Vanguard Dividend	330,134	659,340
8,000 sh. Vaneck Gold Miners ETF	227,200	686,160
12,000 sh. State Street Technology Select	576,643	1,727,640
4,000 sh. State Street SPDR S&P	383,760	487,720
8,000 sh. State Street SPDR Prtfl S&P	419,999	454,480
7,000 sh. State Street SPDR S&P Regional	449,610	453,670
12,000 sh. State Street SPDR Metals	510,840	1,243,320
2,000 sh. SPDR S&P 500 ETF IV	837,100	1,363,840
2,000 sh. SPDR Gold Shares ETF	362,280	792,620
7,000 sh. Select Sector SPDR Trust SBI Consumer Staples ETF	0	0
10,000 sh. State Street Industrial Select	997,657	1,551,200
30,000 sh. Nvidia Corporation	145,002	5,595,000
3,000 sh. Microsoft Corp.	0	0
6,000 sh. Ishares US. Aerospace	886,530	1,288,140
10,000 sh. Ishares US	711,684	745,100
1,500 sh. Ishares Russell 2000	451,580	484,515
2,500 sh. Russell 1000	485,800	525,850
2,000 sh. Ishares Trust Russell 1000 GRW ETF	314,873	946,600
2,000 sh. MSCI USA Momentum	488,220	500,620
4,000 sh. Ishares Expanded Technology	440,760	422,760
16,000 sh. Ishares Bitcoin ETF	693,600	794,400
3,000 sh. Invesco QQQ Trust Unit Series 1 ETF	918,450	1,842,930
27,375 sh. Invesco ETF Trust FTSE Rafi 1000 ETF	647,276	1,284,435
10,000 sh. Global X Infra	416,195	477,900
12,000 sh. Silver Miners ETF	469,067	1,002,240
10,000 sh. Global X FDS Lithium Battery ETF	523,552	648,600
2,500 sh. Berkshire Hathaway Inc. Cl. B	605,475	753,975
6,000 sh. Amazon.com Inc.	418,299	1,384,920
4,000 sh. Alphabet Inc.	0	0

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Software ID:	25022704
Software Version:	V2.0